Essex Capital Arranges $5.25 Million Real Estate Financing
Essex Capital Group, Inc., a private investment banking firm located in Tampa, FL, announced today that it recently arranged $5.25 million in commercial real estate mortgage financing on five properties for a restuarant franchisee located in the Southeastern U.S.
The new mortgages were provided by a community bank, and the proceeds allowed the shareholder to refinance existing mortgages and liquify significant equity in the properties.
Essex Capital President, Robert Swain, commented, “We are pleased to have successfully executed this debt deal in what is currently an extremely challenging financing market. This new capital allowed our client to refinance existing debt on more attractive terms as well as unlock substantial new capital to be used for restaurant renovation and reimaging.”
About Essex Capital Group, Inc.
Essex Capital Group, Inc. is a Tampa, Florida-based investment banking firm founded to provide financial advisory services to small and middle market privately-held companies located throughout the United States. Essex focuses on advising business owners regarding the sale or recapitalization of their companies, including arranging private placements of equity, mezzanine debt and senior debt.
- Contact Information
- Robert Swain
- Essex Capital Group, Inc.
- Contact via E-mail
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